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Crypto

Hedera Price Surge Fueled by Institutional Buying

Instruments
HBAR
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Hedera's price has recovered to around $0.078 after a recent market rebound, fueled by institutional buying through the US-listed HBAR ETF.

The Canary HBAR ETF attracted approximately $399,000 in new institutional investment, continuing a period of accumulation through a regulated product that gives traditional investors direct exposure to HBAR.

To reach its target of $0.12, Hedera would need to overcome substantial resistance and increase by around 53% from its current price.

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